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4.28.2010

TEXAS EXISTING HOME SALES, PRICES UP IN MARCH

TEXAS EXISTING HOME SALES, PRICES UP IN MARCH

TEXAS (Real Estate Center) – A total of 19,330 existing single-family homes were sold in Texas last month, up 16 percent from March 2009, according to MLS data compiled by the Real Estate Center at Texas A&M University.

The median price was up 4 percent to $144,600 during the same period, and the state finished the month with a 7.1-month inventory of existing homes.

Here is how select Texas cities fared in March (data current as of April 27, 2010):